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What is the purpose of superannuation?

Answer

Superannuation is an old age pension and a monthly pension which is paid to someone who is retired from work. The benefits are provided by companies with the intention of winning and retaining the key employees, by increasing their morale and minimising the employees wotty on financial matters in future.
2 Additional Answers
The purpose or aim of superannuation is to give its beneficiaries financial resources plus other benefits when they retire. These benefits are given by several companies so as to win and retain key employees by boosting their morale.
The purpose of superannuation is to increase staff morale and cushion employees financially against future eventualities. Superannuation refers to an old age and monthly pension scheme which is paid to a retiree. Superannuation is a legal requirement for any organisation.
Q&A Related to "What is the purpose of superannuation"
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This is a company that acts solely as the trustee of a regulated superannuation fund within the meaning of s19 of the Superannuation Industry (Supervision) Act 1993 and whose constitution
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